/ Technology

Retail e-commerce in Latin America, including travel and tourism, rose to about $11 billion in 2007, up from $5 billion in 2005, and is expected to surpass $16 billion this year and reach nearly $30 billion by 2010, Visa Inc. says in a new study.

Retail e-commerce in Latin America, including travel and tourism, rose to about $11 billion in 2007, up from $5 billion in 2005, and is expected to surpass $16 billion this year and reach nearly $30 billion by 2010, Visa Inc. says in a new study.

/ E-Retailers

Dafiti Group, which launched in January in 2011 in Brazil as a shoe retailer, has been feverishly raising money and expanding throughout Latin America over the past three years, co-founder Malte Huffmann tells Internet Retailer.

Dafiti Group, which launched in January in 2011 in Brazil as a shoe retailer, has been feverishly raising money and expanding throughout Latin America over the past three years, co-founder Malte Huffmann tells Internet Retailer.